Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) to Issue Monthly Dividend of $0.07

Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) announced a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.0667 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, September 1st.

Calamos Convertible Equity Alternative ETF Stock Performance

Shares of Calamos Convertible Equity Alternative ETF stock traded up $0.21 on Wednesday, hitting $46.63. 13,139 shares of the company’s stock traded hands, compared to its average volume of 9,784. Calamos Convertible Equity Alternative ETF has a 52-week low of $33.94 and a 52-week high of $54.09. The firm’s 50-day moving average is $48.53 and its 200 day moving average is $47.38.

Calamos Convertible Equity Alternative ETF Company Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.